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Import-export turnover reaches highest figure in six months

Updated: 18:03, 30/06/2019
The total import-export turnover in the first six months of 2019 was estimated at US$245.48 billion, the highest ever level among the six-month figures, announced the General Statistics Office of Vietnam (GSO) on June 28.

It is noteworthy that fruit and vegetable export has shown good signals with over US$2 billion in the year’s first half.

Export turnover for that period was estimated at US$122.72 billion, up 7.3% over the same period in 2018, of which the domestic economic sector contributed US$36.82 billion, an increase of 10.8%, accounting for 30% of the total export turnover.

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Vietnam enjoys a low trade deficit of US$34 million in first six months of this year.

There are 22 items with export values of over US$1 billion, accounting for 86.9% of total export turnover.

In the first six months of this year, import turnover was estimated at US$122.76 billion, up 10.5% over the same period in 2018, of which the domestic economic sector’s figure reached US$52.54 billion, up 14.4%, and the foreign invested sector reached US$70.22 billion, an increase of 7.8%.

Vietnam enjoyed a low trade deficit of US$34 million in the six month period, of which US$15.72 billion was contributed from the domestic economic sector and US$15.68 billion from the foreign invested sector (including crude oil).

In the six month period, the service export turnover was estimated at US$7.9 billion, up 6.2% over the same period last year, of which tourism services generated US$5.6 billion and transportation services US$1.5 billion.

Meanwhile, service import turnover for the first six months was estimated at US$9.2 billion, up 4% year-on-year, of which transport services reached US$4.5 billion and tourism services hit US$2.8 billion.

Total export turnover hits over 2 billion USD
(BGO) – According to the Customs Office controlling the industrial parks in the northern province of Bac Giang, Vina Solar Technology Company Limited in Van Trung Industrial Park (Viet Yen district) has exported a batch of solar cell with a total value of nearly 5 million USD.
Garment export turnover hits over 3.2 million USD
(BGO) – The Customs Office controlling the industrial parks in the northern province of Bac Giang has facilitated and completed the clearance procedure for Ha Phong Export Garment Joint Stock Company (Hiep Hoa district) to export the commodities worth over 3.2 million USD. 
Bac Giang’s enterprises hit export turnover value of over 100 million USD
(BGO) – According to Nguyen Thi Thu Huong, Head of Export-Import Department in Bac Giang LGG Garment Corporation (in Lang Giang district, Bac Giang province), the company exported the first batch of the commodity on the first working day February 11 after the Tet festival. 
Fruit, vegetable sector targets US$ 4.2 billion in export turnover in 2019
The fruit and vegetable sector aims to gross nearly US$ 4.2 billion in export turnover this year, according to the Department of Crop Production under the Ministry of Agriculture and Rural Development.

Source: NDO

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